Tag: carbon footprint

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Britain, Business, Energy, Energy Policy, Environment, Gas, Health and Safety, Innovation, Investment, Oil, Technology

Packing-up Caudrilla is not the end of the decommissioning story.

The oil and gas industry needs a decommissioning strategy to help meet the UK’s Paris Accord commitments and the net zero carbon emissions by 2050 target, as the country moves ahead in its energy transition. Decommissioning is only one strand of the oil and gas sector’s efforts to reduce their carbon footprint and, at the same time, is an essential requirement to ensure continuing investor and government support in new North Sea projects.